Amends the Second Liberty Bond Act to direct the Secretary of the Treasury to fix the investment yield on any United States savings bond at a yield which makes such bond competitive with comparable investments. Prohibits the investment yield on such bonds from exceeding 85 percent of the average investment yield for the most recent auction (before the week in which the certificate is issued) of United States Treasury bills with maturities of 52 weeks.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line